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507 Kingsway

507 Kingsway

Sudbury, Ontario

Retail

$1,599,900

Prime development land on the Kingsway. Sales package includes all engineering reports, soil tests and approval from the City of Sudbury for construction of a commercial plaza with gas bar, convenience store, car wash and one retail space. Situated at the corner of the Kingsway and Kitchener Street, this property consists of 1.05 acres of flat frontage zoned C2. High traffic area with 45,000 average daily car count ensuring high visibility for any business or businesses. The property is environmentally clean according to engineering reports and 3 wells remain on the property. Easy access to the property via traffic signal on the southwest corner of the property and additional entry via Kitchener. A terrific opportunity waiting for the right investor.

Price History

Schools

Elementary

  • École publique Jeanne-Sauvé0.8 km

    French public · CS public du Grand Nord de l'Ontario · 110 students

    Grade 3 reading: 57% met the provincial standard · Grade 6 math: 33% met the provincial standard

  • Marymount Elementary Academy1.2 km

    Catholic · Sudbury CDSB · 190 students

  • École élémentaire Saint-Joseph1.5 km

    French Catholic · CSDC du Nouvel-Ontario · 75 students

    Grade 3 reading: 100% met the provincial standard

Secondary

  • École secondaire du Sacré-Coeur0.9 km

    French Catholic · CSDC du Nouvel-Ontario · 170 students

    Grade 10 literacy: 77% met the provincial standard

  • École Cap sur l'Avenir1 km

    French public · CS public du Grand Nord de l'Ontario

  • Collège Notre-Dame1.1 km

    French Catholic · CSDC du Nouvel-Ontario · 345 students

    Grade 10 literacy: 96% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P3B

Population
16,434
Private dwellings
8,194
Median age
40.4
Average household size
2.1
Median household income
$66,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Retail in Sudbury · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of retail properties in Sudbury over the last 12 months.

Walk Score

51

Walk

21

Bike

Scores by Walk Score®

Location

Mortgage Calculator

$319,980

Estimated Monthly Payment

$7,860

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,860/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $400/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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